According to Trader Tardigrade, Bitcoin has established a new trading range, offering clear support and resistance levels that traders can capitalize on using range trading strategies. By buying near the lower boundary (support) and selling near the upper boundary (resistance), traders can exploit frequent price oscillations within this well-defined zone. The current setup is attractive for both short-term scalpers and swing traders, as the range presents repeated entry and exit opportunities until a confirmed breakout occurs (Source: Trader Tardigrade on Twitter, May 6, 2025).

According to Farside Investors (@FarsideUK), BlackRock's Bitcoin ETF saw a significant daily inflow of $531.2 million, indicating strong institutional buying interest. This surge in ETF flows is a bullish signal, often correlating with upward price momentum for Bitcoin and increased market liquidity. Active traders should monitor these ETF flow trends for potential entry and exit points, as large inflows historically precede short-term price rallies (source: Farside Investors, May 6, 2025).

According to @EmberCN, a significant Bitcoin whale transaction occurred as 3,422 BTC, valued at $324 million, moved to a new address after 12 years of inactivity. Blockchain analysis shows these coins were originally withdrawn from the now-defunct BTC-e exchange in 2012, when BTC was just $13.5 per coin. This event underscores the potential for dormant Bitcoin to impact market liquidity and volatility, making it a critical signal for traders to monitor on-chain activity for possible large-volume moves. Source: @EmberCN (Twitter, May 6, 2025).

According to The Data Nerd on Twitter, MicroStrategy has purchased an additional 1,895 BTC at an average entry price of approximately $95,167 per Bitcoin. This brings MicroStrategy's total Bitcoin holdings to 550,450 BTC, valued at around $51.91 billion, with an overall average entry price of $68,500 per Bitcoin (source: @OnchainDataNerd via Twitter, May 5, 2025). This aggressive accumulation strategy confirms MicroStrategy's continued bullish stance on Bitcoin, which may influence market sentiment and trading strategies for institutional and retail investors monitoring large-scale corporate Bitcoin adoption.

According to AltcoinGordon, Bitcoin ($BTC) is showing positive momentum with a potential target of $220,000, supported by recent technical chart patterns and bullish sentiment in the crypto market (source: AltcoinGordon on Twitter, May 5, 2025). Traders are closely monitoring resistance and support levels for breakout confirmation, making this a key level for strategic entries and risk management.

According to André Dragosch (@Andre_Dragosch), European trading sentiment plays a significant role in determining Bitcoin's price, with regional buying and selling patterns directly impacting short-term volatility and liquidity during European trading hours (source: Twitter, May 5, 2025). Traders should monitor volume spikes and order book imbalances at the European market open to identify potential breakout or reversal opportunities. This insight is critical for those seeking to optimize entry and exit strategies in the Bitcoin market, especially around key economic announcements in Europe.

According to Mihir (@RhythmicAnalyst) on Twitter, Bitcoin (BTC) has not achieved a weekly closing value above the critical resistance level required to confirm a new price high. This trading action signals that BTC faces strong resistance, and traders should anticipate a continued period of consolidation before any decisive breakout, as evidenced by price reactions at key resistance zones (source: Mihir, Twitter, May 4, 2025).

According to RhythmicAnalyst on Twitter, the recent weakness observed in Bitcoin's price action does not signal a major breakdown, but rather indicates that the market is currently lacking bullish momentum and is unlikely to move up immediately (source: twitter.com/RhythmicAnalyst). This suggests a period of short-term consolidation for $BTC, which traders should factor into their strategies when considering entry and exit points. Monitoring support and resistance levels during this sideways phase is crucial for identifying breakout opportunities and managing risk.

According to @CryptoWhale, Bitcoin experienced a notable price surge following increased trading volume and positive sentiment on September 5, as indicated by high ratings and bullish commentary from major analysts (source: @CryptoWhale, Twitter, 2024-09-05). Traders are advised to monitor support at $27,000 and resistance near $28,300, as the strong momentum could present opportunities for both swing and day trading. Additional indicators, such as the Relative Strength Index (RSI) moving above 60 and increased open interest in Bitcoin futures, further support the bullish outlook for short-term traders (source: Glassnode, 2024-09-05).

According to WallStreetBulls, Bitcoin experienced a sharp price spike on May 4, 2025, as shown in the chart shared on Twitter. The tweet identifies a breakout above the $65,000 resistance level, with immediate focus on the $68,000 zone as the next resistance for short-term traders. The analysis highlights $63,500 as a key support level, suggesting that a sustained hold above this level could strengthen bullish momentum. The post emphasizes active trading opportunities amid increased volatility, urging traders to watch for confirmed breakouts and reversals (source: WallStreetBulls via Twitter, May 4, 2025).

According to Michaël van de Poppe (@CryptoMichNL), Bitcoin ($BTC) needs to maintain support above the $91,500 to $92,000 range to confirm a bullish continuation towards a new all-time high (ATH). Van de Poppe notes that this price zone marks a key former resistance now acting as support, and holding above it would validate further upward momentum in BTC’s price action. Traders are advised to monitor this critical level closely for potential breakout opportunities based on the price's reaction to this support area (source: Michaël van de Poppe on Twitter, May 4, 2025).

According to Crypto Rover, Bitcoin's current price action mirrors previous bullish cycles, indicating a strong potential for further upward movement. The chart shared by Crypto Rover on May 4, 2025, demonstrates that Bitcoin is following a historical trend where significant rallies occurred after similar consolidation phases, providing traders with a data-backed case for bullish momentum continuation (source: Crypto Rover on Twitter).

According to Crypto Rover, Bitcoin is currently experiencing a period of low volatility, often described as the 'calm before the storm.' The analysis highlights that historical patterns of sideways trading in Bitcoin often precede significant price movements, making this consolidation phase critical for traders to monitor. Crypto Rover recommends closely watching support and resistance levels, as a breakout from the current range could signal a sharp move either upwards or downwards. Traders are encouraged to set strategic stop-loss and take-profit points to manage risk during this anticipated period of heightened volatility. (Source: Crypto Rover on Twitter, May 4, 2025)

According to Michaël van de Poppe (@CryptoMichNL), Bitcoin has successfully broken through the key resistance level of $87,000 and is now consolidating above $92,000. This price action suggests a strong bullish momentum, with any short-term dip presenting a potential buying opportunity for traders aiming for a new all-time high (ATH). The clear flip above $92,000 signals renewed support, making it a critical area for both swing and trend traders to monitor closely as Bitcoin targets higher price levels (source: Twitter/@CryptoMichNL, May 4, 2025).

According to Michael Saylor on Twitter, Bitcoin continues to capture significant attention in the financial markets, reinforcing its status as a high-interest asset for traders. Saylor’s endorsement reflects ongoing institutional and retail interest, which has contributed to increased liquidity and heightened volatility. Traders should monitor Bitcoin’s price movements closely, as notable social media engagement from influential figures like Saylor often correlates with short-term price fluctuations and increased trading volumes (source: Michael Saylor Twitter, May 3, 2025).

According to Michaël van de Poppe (@CryptoMichNL), Bitcoin has successfully retested the previous resistance zone at $75,000, which now acts as a key support level, indicating a strong bullish setup for traders. This technical development suggests an ideal scenario for entering long positions, as confirmed by the price action shown on the referenced chart (source: Michaël van de Poppe, Twitter, May 3, 2025). Traders are closely monitoring this level for continued upward momentum, with the $75K support providing a significant foundation for potential price rallies.

According to Crypto Rover, U.S. exchange-traded funds (ETFs) now collectively hold over $112 billion worth of Bitcoin as of May 2025, indicating strong institutional adoption and sustained capital inflows into spot Bitcoin ETFs (source: Crypto Rover Twitter, May 3, 2025). For traders, this significant accumulation signals robust demand and increased price stability, potentially reducing volatility while enhancing liquidity on major U.S. exchanges. Monitoring ETF inflows and holdings can help traders anticipate bullish momentum and identify key entry points, especially during periods of ETF-driven buying pressure.

According to Crypto Rover, Bitcoin has experienced a significant bounce at a critical support level, indicating renewed bullish momentum in the current trading session (source: @rovercrc, May 3, 2025). This price action suggests strong demand near support, which is a positive signal for short-term traders seeking potential entry points. Monitoring volume and subsequent resistance levels will be crucial for those aiming to capitalize on Bitcoin’s volatility and upward trend, as highlighted in Crypto Rover’s analysis.

According to Mihir (@RhythmicAnalyst) on Twitter, Bitcoin's price action shows that the short-term trend began at the $74,000 range, as marked by a green circle on his indicator. The white circles indicate that price dipped and found strong support in mid-April and again earlier this week, suggesting these are critical levels for traders to watch. However, the orange circle highlights that Bitcoin failed to maintain levels above Mihir's technical indicator, signaling potential resistance and a possible reversal zone. Traders should focus on these support and resistance levels for informed entry and exit points, as confirmed in Mihir's technical analysis (Source: @RhythmicAnalyst, Twitter, May 3, 2025).

According to Mihir (@RhythmicAnalyst) on Twitter, the recent short-term weakness in Bitcoin is evidenced by technical analysis of both price action and oscillator data. The analysis highlights a green circle marking the initiation of the latest upward wave from $74,000, a white circle indicating a key support level that recently held, and a yellow circle identifying a probable correction level where price action is likely to retest support. These indicators suggest that traders should monitor the oscillator for confirmation of further downside momentum and use the marked correction level as a potential entry or risk-management zone (Source: Twitter/@RhythmicAnalyst, May 3, 2025).